Regalian Properties plc v London Dockland Development Corp
Language: English Series: All England Law Reports ; (1995) 1 All ER 1005-1024(11)Publication details: 1995Subject(s): Summary: ChD 2 November 1994. R offered LDDC (L) £18.5m for a licence to build a residential scheme in London Docklands. L`s requests for further designs and costings delayed concluding the contract until falling market values persuaded R that to continue would be uneconomic. R withdrew, with the site undeveloped, and brought an action for the restitution of professional fees incurred in preparing for the scheme. "Held" that if the contractual parties are expressly free to withdraw, than all costs arising from the proposed scheme are the individual parties` risk until the contract is signed.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS52445 (Browse shelf(Opens below)) | 1 | Available | 78642-1001 |
ChD 2 November 1994. R offered LDDC (L) £18.5m for a licence to build a residential scheme in London Docklands. L`s requests for further designs and costings delayed concluding the contract until falling market values persuaded R that to continue would be uneconomic. R withdrew, with the site undeveloped, and brought an action for the restitution of professional fees incurred in preparing for the scheme. "Held" that if the contractual parties are expressly free to withdraw, than all costs arising from the proposed scheme are the individual parties` risk until the contract is signed.